Abstract
<div><table cellspacing="0" cellpadding="0" align="left"><tbody><tr><td align="left" valign="top"><p class="AbstractText">Malaysia is likely to introduce new laws on social enterprises of taxation. However, the important questions are whether the said laws are adequate. This study explores previous research on social enterprises and taxation to gain a further understanding through a systematic literature review on social enterprises and taxation from the Malaysian perspective. This is normative legal research. The data was gathered through library research which consisted of numerous publications. This study concludes that tax and social enterprises, perhaps due to the different economic structures in each country, result in taxation being slightly discussed by previous scholars. Nevertheless, we clearly define social enterprises from different perspectives, including the characteristics present in social enterprises. Moreover, the perspective regarding tax relief for social enterprises in Malaysia has been highlighted. Although Malaysia has introduced a new policy to support its social enterprises with Social Enterprise Accreditation, a more significant regulatory or tax incentives approach is needed to support social enterprises in Malaysia.</p></td></tr></tbody></table></div>
Highlights
Social enterprises (SEs) have increasingly attracted the attention of scholars from different disciplines and regions in the discussions of theory and practice, financing perspective, typology, and sustainability (Akbulaev et al, 2019; Baskaran et al, 2019; Erpf et al, 2019; Popkova & Sergi 2019; Samsuddin et al, 2021)
This study explores previous research on social enterprises and taxation to gain a further understanding through a systematic literature review on social enterprises and taxation from the Malaysian perspective
Akbulaev et al, (2019) noted that the nature of SEs can be further understood by reading the three main approaches to their definitions, which are (1) SEs are entrepreneurial activities of nonprofit organizations with the aim of achieving their statutory objectives; (2) SEs are related to the fact that their social impact on entrepreneurial activities is more important than financial efficiency, as opposed to simple businesses; and (3) SEs are innovative entrepreneurial activities that bring about social change in societies and communities
Summary
Social enterprises (SEs) have increasingly attracted the attention of scholars from different disciplines and regions in the discussions of theory and practice, financing perspective, typology, and sustainability (Akbulaev et al, 2019; Baskaran et al, 2019; Erpf et al, 2019; Popkova & Sergi 2019; Samsuddin et al, 2021). The goal of SEs has expanded beyond traditional businesses—the motive is to generate income and to combat social problems and promote the well-being of the country (Radzi et al, 2021). Corporations can be viewed as profit-maximizing enterprises whose goal is to produce shareholder value; the other is nonprofit organizations that exist to achieve social goals (Yunus et al, 2010).
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